TransAlta (TAC) Stock Price, News & Analysis

Company Overview

TransAlta Corporation, originally founded in 1909 as Calgary Power Company Ltd., is a publicly traded energy company specializing in the development, ownership and operation of power generation and transmission assets. Headquartered in Calgary, Alberta, TransAlta has grown from its early hydroelectric roots into a diversified energy provider with a multi-fuel generating fleet.

The company’s core business activities encompass power generation, asset management and energy trading services. Its generation mix includes natural gas, hydroelectric, coal (in Canada), wind and solar facilities, alongside a high-voltage transmission network in Alberta. TransAlta also delivers optimization and risk-management solutions to commercial and industrial clients, helping balance supply and demand in deregulated markets.

TransAlta’s operations span across Canada, the United States and Australia, where it owns and operates nearly 7,000 megawatts of capacity. The company continues to pursue strategic investments in renewable energy, modernizing its fleet and advancing low‐carbon technologies. Its geographic diversification allows TransAlta to serve utilities, municipalities and large industrial customers under long‐term power purchase agreements and merchant market arrangements.

Under the leadership of President and Chief Executive Officer John Kousinioris, TransAlta emphasizes safety, reliability and sustainability. The management team is focused on driving operational excellence, optimizing asset performance and supporting the transition to a cleaner energy future while maintaining a disciplined approach to capital allocation.

Key Stats

• Today's Range: $12.53 to $12.67
• 50-Day Range: $10.42 to $12.67
• 52-Week Range: $7.82 to $14.64
• Volume: 699,824 shs
• Average Volume: 902,558 shs
• Market Capitalization: $3.75 billion
• P/E Ratio: N/A
• Dividend Yield: 1.42%
• Price Target: $19.88
• Consensus Rating: Buy

TransAlta Stock Analysis - MarketRank™

TransAlta scored higher than 74% of companies evaluated by MarketBeat, and ranked 55th out of 99 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.1 / 5
• Analyst Rating: Buy

Consensus Rating

TransAlta has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

TransAlta has a consensus price target of $19.88, representing about 57.1% upside from its current price of $12.65.

Amount of Analyst Coverage

TransAlta has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 7.32%

Earnings Growth

Earnings for TransAlta are expected to grow by 7.32% in the coming year, from $0.41 to $0.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TransAlta is -30.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of TransAlta is -30.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

TransAlta has a P/B Ratio of 5.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.76% of the float of TransAlta has been sold short.

Short Interest Ratio / Days to Cover

TransAlta has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in TransAlta has recently increased by 13.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

TransAlta pays a meaningful dividend of 1.48%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

TransAlta has only been increasing its dividend for 2 years.

Dividend Sustainability

Based on earnings estimates, TransAlta will have a dividend payout ratio of 40.91% next year. This indicates that TransAlta will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.76% of the float of TransAlta has been sold short.

Short Interest Ratio / Days to Cover

TransAlta has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in TransAlta has recently increased by 13.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.40

News Sentiment

TransAlta has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.89 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for TransAlta this week, compared to 5 articles on an average week.

Search Interest

5 people have searched for TAC on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, TransAlta insiders have not sold or bought any company stock.

Percentage Held by Insiders

13.10% of the stock of TransAlta is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

59.00% of the stock of TransAlta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TAC Stock Analysis - Frequently Asked Questions

How have TAC shares performed this year?

TransAlta's stock was trading at $14.15 at the beginning of the year. Since then, TAC stock has decreased by 10.6% and is now trading at $12.65.

How were TransAlta's earnings last quarter?

TransAlta Corporation (NYSE:TAC) posted its quarterly earnings data on Friday, August, 1st. The utilities provider reported $0.13 EPS for the quarter, topping the consensus estimate of $0.07 by $0.06. The utilities provider had revenue of $451.20 million for the quarter, compared to the consensus estimate of $473.94 million. TransAlta had a negative net margin of 6.79% and a negative trailing twelve-month return on equity of 2.06%.
Read the conference call transcript.

Who are TransAlta's major shareholders?

Top institutional investors of TransAlta include BROOKFIELD Corp ON (9.09%), Rubric Capital Management LP (5.38%), Bank of Montreal Can (3.06%) and Bank of America Corp DE (2.56%).
View institutional ownership trends.

How do I buy shares of TransAlta?

Shares of TAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of TransAlta own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TransAlta investors own include Meta Platforms (META), NVIDIA (NVDA), Broadcom (AVGO), GE Aerospace (GE), Arista Networks (ANET), Novo Nordisk A/S (NVO) and Advanced Micro Devices (AMD).

Company Calendar

• Ex-Dividend for 7/1 Dividend: 5/30/2025
• Record date for 7/1 Dividend: 6/01/2025
• Dividend Payable: 7/01/2025
• Last Earnings: 8/01/2025
• Ex-Dividend for 10/1 Dividend: 8/29/2025
• Record date for 10/1 Dividend: 9/01/2025
• Today: 9/14/2025
• Dividend Payable: 10/01/2025
• Next Earnings (Estimated): 11/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: UTIL - ELEC PWR
• Sub-Industry: Utilities
• Current Symbol: NYSE:TAC
• CIK: 1144800
• Web: www.transalta.com
• Phone: (403) 267-7110
• Fax: 1-403-267-7405
• Employees: 1,205
• Year Founded: N/A

Price Target and Rating

• Average Price Target for TransAlta: $19.88
• High Price Target: $20.00
• Low Price Target: $19.50
• Potential Upside/Downside: +57.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.42)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 30.85
• P/E Growth: N/A
• Net Income: $167.12 million
• Net Margins: -6.79%
• Pretax Margin: -3.81%
• Return on Equity: -2.06%
• Return on Assets: -0.20%

Debt

• Debt-to-Equity Ratio: 4.98
• Current Ratio: 0.79
• Quick Ratio: 0.72

Sales & Book Value

• Annual Sales: $2.08 billion
• Price / Sales: 1.81
• Cash Flow: $1.74 per share
• Price / Cash Flow: 7.28
• Book Value: $2.21 per share
• Price / Book: 5.72

Miscellaneous

• Outstanding Shares: 296,660,000
• Free Float: 257,796,000
• Market Cap: $3.75 billion
• Optionable: Optionable
• Beta: 0.78